"Trump says four candidates in running for Fed chair, rules out Bessent"

Subheading: "US president says the Treasury secretary wishes to stay in his current role."

Former U.S. President Donald Trump mentioned that there are four candidates being considered for the position of Federal Reserve (Fed) Chair. However, he ruled out Bessent (a potential candidate) from being selected. Additionally, Trump stated that the current Treasury Secretary has expressed a desire to remain in his position and is not interested in the Fed chair role.

This indicates a narrowing down of possible choices for the important economic position of Fed Chair, which influences U.S. interest rates and monetary policy.

This part of the article provides more detail about Trump's statement:

Summary in English:

Donald Trump said in an interview with CNBC that he respects Scott Bessent and thinks he’s doing a “great job,” but Bessent himself said he did not want the position of Federal Reserve Chair. Bessent recently told Trump he preferred to stay in his current role.

Trump also mentioned he had four potential candidates in mind to replace current Fed Chair Jerome Powell, whose term was ending in May. Among them were:

Kevin Warsh, a former member of the Fed’s board of governors.

Kevin Hassett, who was the director of the White House National Economic Council at that time.

This shows Trump was actively considering successors but respected those, like Bessent, who declined the role.

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